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$ 1,000,000
Est. payment /mo
Active
2246 Glenrose Avenue Altadena, CA 91001
3 Beds
1,124 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,124 sqft
Price per Sqft $889
MLS Listing ID CRDW25191140
Bedrooms 3
HOA Y/N No
Year Built 1924
Lot Size 0.263 Acres
Acres 0.26
Property Sub-Type OTHER
Property Description
Location, Location, Location! Double the Assets, Secure TWO properties at the price of ONE, an incredible opportunity for savvy investors. Seller is set for a 1031 Exchange and has identified replacement properties. Maximize your portfolio growth with this rare, high-return opportunity! 2252 & 2246 Glenrose Ave for sale! This prime 11,478 sq ft lot presents a rare opportunity to build in one of Altadena's most sought-after neighborhoods. Subject to change-R3, the property offers incredible development potential-including multi-units with additional ADUs, making it ideal for investors or builders looking to maximize long-term value. Owned by the same seller for over 38 years, the property has appreciated significantly and previously generated a strong annual scheduled gross income of $144,000. Conveniently located just 7 to 10 minutes from iconic landmarks such as Hahamongna Watershed Park, the Rose Bowl Stadium, the Jet Propulsion Laboratory (JPL/NASA), and quick access to the 210 Freeway, this location is a true gem. The rebuild timeline can be surprisingly efficient, as little as 12 to 18 months, for buyers with plans, insurance, and debris clearance ready. This makes it a prime candidate for a smart, strategic development project. Sold As-Is - Buyer to conduct all due diligenc
Location
State CA
County Los Angeles
Zoning LCR1
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Laundry Other
Exterior
Handicap Access Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5835018016
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Listed by Christian Garcia • Big Block Powerhouse Realty